Monday, March 30, 2009

Breaking News-RTRS-Northern US flooding may cut wheat crop, boost soy

FARGO, North Dakota, March 26 (Reuters) - North Dakota and Minnesota girded for the worst flooding in years, which could prompt farmers to cut spring wheat plantings by as much as 500,000 acres in the four main wheat-producing U.S. states.
Fargo, N.D. was expecting a 41-foot crest on the Red River by Saturday that would break a 112-year-old record.
Farmers still able to seed a crop will look hard at soybeans, which can be planted as late as early June, experts said.